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Business round-table deepens relations between Vanuatu and Australia

BY: Loop Pacific 14:31, June 28, 2018

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Enabling an environment for economic prosperity in Vanuatu through policy, infrastructure and partnerships were key take-outs from a business roundtable in Sydney as part of Prime Minister Charlot Salwai and his delegations official visit to Australia.

Australia and Vanuatu share a long history and strong economic links; over 50 per cent of Vanuatu’s tourists are from Australia and over recent years there are an increasing number of Vanuatu products that have successfully entered the Australian market and investment into Vanuatu from Australian investors.

Pacific Trade Invest (PTI) Australia in partnership with the Australian Department of Foreign Affairs and Trade and Austrade, brought together key people from the private and public sector to have an open discussion about developing Vanuatu’s tourism, investment and trade with Australia.

The round-table was chaired by PTI Australia’s Trade & Investment Commissioner, Caleb Jarvis, who said the session provide a valuable opportunity to discuss opportunities for trade and investment.

“It’s a rare and extremely valuable opportunity to have a business roundtable that brings together the private and public sector with the leader of a nation. I would like to thank the Prime Minister of Vanuatu and his delegation for being part of the dialogue. It illustrates the strong ties between Vanuatu and Australia and Vanuatu’s openness and commitment to enabling an environment for economic growth.”

Vanuatu Prime Minister, Charlot Salwai thanked PTI Australia and the Australian Government for providing the opportunity for the round-table which as has opened a dialogue to further strengthen the relationships between Vanuatu and Australia.

“We are committed to strengthening our partnership with Australia, I thank PTI Australia and the Australian Government for enabling this dialogue today. Our government is committed to deepening the economic co-operation between our two nations and at a policy level we are actively engaged in seeing how we can improve Vanuatu’s business environment to foster good investment that will benefit ni-Vanuatu. I look forward to continuing our work with Australia.”